The Globe and Mail reports in its Thursday, Dec. 18, edition that Scotia Capital analyst Eric Winmill has an unchanged "sector perform" call on Snowline Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. Winmill gave his share target a $3.50 boost to $20. Analysts on average target the shares at $16.93. Mr. Winmill says in a note: "Snowline announced initiation of a fully funded prefeasibility study (PFS) for its Valley gold deposit, part of the flagship Rogue project in eastern Yukon. Significant groundwork for the PFS was completed during the 2025 field program, which included extensive engineering and environmental initiatives. These efforts involved drilling, metallurgical testing, hydrological and geochemical sampling, and an expansion of environmental baseline data collection to support future permitting. The PFS is anticipated to take 12 to 15 months. We see initiation of the PFS as a milestone for the company following release of the PEA." The Globe reported on Feb. 26 that Desjardins Securities analyst Allison Carson rated Snowline Gold "buy" in new coverage with an $11 share target. The shares could then be had for $6.30.